Steyer, Sanders spending big to carpet-bomb Iowa airwaves in final caucus stretch

DES MOINES, Iowa — Sen. Bernie Sanders of Vermont and billionaire environmental advocate Tom Steyer are carpeting Iowa airwaves with TV ads in the final week leading up Monday’s caucuses, the first contest in the presidential nomination calendar.

The two are the biggest spenders on that front in the final stretch, according to figures provided by ad-tracking firm Advertising Analytics.

Steyer – the former hedge fund manager who transformed into a major political organizing player – is spending nearly $1.4 million to run ads starting Jan. 28. Sanders – the populist independent lawmaker who’s making his second straight run for the White House – is shelling out just over $1.2 million.

Also Read: Sanders to be targeted in Dem super PAC ad citing recent heart attack

Steyer’s using his vast wealth to bankroll his ad buys, while Sanders is dipping into his massive war chest, raised almost entirely through small-dollar grassroots contributions from supporters. Sanders raised an eye-popping $34.5 million the final three months of 2019, far ahead of the rest of his rivals for the Democratic presidential nomination.

Also spending heavily to run spots in Iowa in the final week are Sen. Elizabeth Warren of Massachusetts, who’s spending nearly $950,000; former South Bend, Ind., Mayor Pete Buttigieg, who’s investing more than $850,000 to air commercials, and Sen. Amy Klobuchar of neighboring Minnesota, who’s spending just over $750,000.

Former Vice President Joe Biden – who’s struggled with fundraising since jumping into the White House race last April – is spending just over a half-million dollars in the final week, far behind his top-tier rivals.

But pro-Biden super PAC Unite the Country is dishing out nearly $1 million this week to run ads in support of the former vice president.

“We’re trying to level the playing field,” Larry Rasky, a longtime Biden friend and adviser, Democratic consultant and one of the co-founders of the super PAC, told Fox News. “We’re trying to make sure Biden’s message and record are being delivered.”

Rasky said the group’s spent roughly $6 million in Iowa on TV and digital ads as well as direct mail since the autumn.

Longtime Iowa-based Democratic strategist Jeff Link – a veteran of numerous presidential and Senate campaigns – questioned whether Biden’s relatively low spending in Iowa “is either a sign of confidence in the super PAC – or they’re conserving resources” for New Hampshire, Nevada and South Carolina, the three other early voting states that hold contests later in February.

Another outside group that’s spending big bucks is the pro-Israel lobbying group Democratic Majority for Israel. The group is spending around $675,000 to run a TV commercial that questions Sanders’ electability by spotlighting his October heart attack and his progressive positions on issues.

The ad is the first to attack the 78-year-old candidate over his heart attack. Rival campaigns – nervous about likely backlash from voters – have stayed mostly silent on Sanders’ health.

Tech entrepreneur Andrew Yang is spending just over half a million dollars in the final week leading up to the caucuses. No other Democratic presidential candidate or outside group is spending six figures in the final seven days leading up the caucuses.

Iowans are getting bombarded on the airwaves with campaign commercials.

“The bottom line is that the airwaves are cluttered and the message needs to be really clear and focused on why you are best to take on Trump in the fall,” Link said.